Qiming Venture Partners Closes Three Funds Totaling US$1.4 Billion (Asia)

China- and U.S.-focused venture capital fund manager Qiming Venture Partners has closed three new funds with US$1.4 billion in total capital commitments. The funds include Qiming Venture USD Fund VI with US$935 million, Qiming Venture RMB Fund V with CNY2.1 billion (approximately US$335 million) and Qiming U.S. Healthcare Fund I… Read More

CoinAfrique Raises $3 Million Series A Round from Investisseurs & Partenaires and Others (Sub-Saharan Africa)

Senegal-based classified advertisement platform CoinAfrique has raised EUR2.5 million (approximately US$3 million) in a Series A funding round. Investors in the round include Sub-Saharan Africa-focused impact investment firm Investisseurs & Partenaires, as well as a pool of investors represented by co-investment platform French Partners and Francophone Africa-focused retailer Mercure International. Read More

CoinAfrique Raises $3 Million Series A Round from Investisseurs & Partenaires and Others (Sub-Saharan Africa)

Senegal-based classified advertisement platform CoinAfrique has raised EUR2.5 million (approximately US$3 million) in a Series A funding round. Investors in the round include Sub-Saharan Africa-focused impact investment firm Investisseurs & Partenaires, as well as a pool of investors represented by co-investment platform French Partners and Francophone Africa-focused retailer Mercure International. Read More

NXTP Labs Invests in Pay per TIC (Latin America)

Pay per TIC, an Argentina-based online payment and collection services platform, has raised a new funding round with participation from Latin America-focused accelerator and early-stage investment firm NXTP Labs. The company, which has operations in Argentina and Spain, will use the funding to consolidate its presence in Argentina and expand… Read More

Vostok Emerging Finance and Monashees Capital Lead US$5 Million Series A Round for Magnetis (Latin America)

Brazil-based online personal investment consultancy Magnetis has raised BRL17 million (approximately US$5 million) in a Series A funding round led by emerging markets fintech-focused venture capital firm Vostok Emerging Finance and Latin America-focused early-stage venture capital firm Monashees Capital. Redpoint e.ventures and unnamed angel investors also participated in the round. Read More



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